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Old 27th May 2009, 01:47   #181
watchme
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I'm glad I work for Toyota at this moment. MY personal business is probably down 30% YTD from 2008 but at least I have a dealership to work at. Look at all the Chrysler and GM stores closing. Everyone thought I was crazy to go into a business fixing cars that don't break. At least it stays somewhat steady.
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Old 27th May 2009, 03:04   #182
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Hmm... as a medical examiner for the 4th largest city in the country, I do have some amount of job security. Worse economy = higher crime = more work for me, for better or for worse. But yeah, in general, best of luck to all of you with your respective fields as far as weathering this storm.
Well, like the saying goes, Two things in life are certain, ***** and taxes.
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Old 27th May 2009, 03:38   #183
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From Wall Street

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Originally Posted by Cosmos View Post
Well, like the saying goes, Two things in life are certain, ***** and taxes.
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Old 27th May 2009, 15:05   #184
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It is just so inconsitant that it is hard to tell where you really are. Busy for 2 weeks straight then flat for 3 weeks.That just causes us to be more careful and spend less.

Last edited by pcl1977; 27th May 2009 at 15:05. Reason: spelling
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Old 27th May 2009, 23:33   #185
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Economy Update - West Texas

Fortunately, as a specialty contractor, business is still very good in our area. The area military bases have kept up with their scheduled projects (without losing funding, so far) and we have managed to grab our share. I have booked a full schedule for a little more than a year to this point. Any forum members have any experience our area, please send me an email if you are currently looking. Good luck and hope everybody makes it through the "era of the bullshitters and their Ivy League boys club".
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Old 2nd June 2009, 00:22   #186
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Thanks for the update.

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Fortunately, as a specialty contractor, business is still very good in our area. The area military bases have kept up with their scheduled projects (without losing funding, so far) and we have managed to grab our share. I have booked a full schedule for a little more than a year to this point. Any forum members have any experience our area, please send me an email if you are currently looking. Good luck and hope everybody makes it through the "era of the bullshitters and their Ivy League boys club".
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Old 2nd June 2009, 00:50   #187
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People with money dont usually use $100 bills ha
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Yeah, that's a bad sign. $100 bills coming out of mattresses.
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GM and Citigroup were removed from the DJ 30 today, replaced by Cisco and Travelers. Wonder how the Obama Motor Company will fare in the marketplace?

"Consumer spending makes up 70% of gross domestic product, the broad measure of the economy. Government data last week on GDP showed spending rose a weak 1.5% in the first quarter, after falling 4.3% in the fourth quarter. Aside from layoffs and a weak economy, people are in debt, can't get credit, have taken big hits in the stock market, and watched their home values erode." -- WSJ

I'm watching the U.S. unemployment rate. When it reaches 11%, expect a push for socialized medicine.
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Old 2nd June 2009, 02:27   #188
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I expect the push before. We are currently in a situation that the Clinton administration initiated, the Bush admin did nothing about and in some cases actually assisted in reaching faster and that the Obama admin has been wishing for. There is no magic fix, no one person to blame and unfortunately this will shape not just the USA, but the world for years to come. In my own opinion this will do more to define the USA then the great depression and WWI and WWII combined.

We are first hand witnesses to a revolution, of which the out come has yet to be written.

Timeline | Bulletin of the Atomic Scientists

ps. Only 5 minutes to party time. Please remind the last person to lock up before they leave.

pps. Only 4 other times in the last 50 years have we been minus 5.
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Last edited by Cosmos; 2nd June 2009 at 02:32.
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Old 2nd June 2009, 02:53   #189
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I expect the push before. We are currently in a situation that the Clinton administration initiated, the Bush admin did nothing about and in some cases actually assisted in reaching faster and that the Obama admin has been wishing for. There is no magic fix, no one person to blame and unfortunately this will shape not just the USA, but the world for years to come. In my own opinion this will do more to define the USA then the great depression and WWI and WWII combined.

We are first hand witnesses to a revolution, of which the out come has yet to be written.

Timeline | Bulletin of the Atomic Scientists

ps. Only 5 minutes to party time. Please remind the last person to lock up before they leave.

pps. Only 4 other times in the last 50 years have we been minus 5.
I'd expand the time line back to Nixon and Bretton Wood, or even FDR and the New Deal.

I agree the aftershocks are going to be felt by future generations after everyone reading this has taken the Dirt Nap.
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Old 2nd June 2009, 03:31   #190
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the Obama admin has been wishing for.

I'm not sure a sitting president would wish for the economy to remain in the dumper.

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